Informes Mensuales

The economy: one eye on reserves and the other on the opinion polls

Julio 2013
After months of suspense Sergio Massa, the major of Tigre, finally decided to run for Congressman in the Province of Buenos Aires. He is a Peronist, he worked for Cristina as chief of cabinet in 2008 and 2009, he appeared in wikileaks characterizing Nestor Kirchner as stubborn and even called him a monster, and is l...

Economic policies before and after the elections: What can we expect?

Junio 2013
The Government is facing a difficult political situation on the way to the October mid-term elections, as the recent polls indicate that its positive image continues to fall while the economy is unlikely to help to improve its political standing. Growth is still very low, inflation does not show any signs of recedin...

Argentina’s new macroeconomic outlook: too many clouds in the horizon

Mayo 2013
In the last few weeks the political and economic climate has been heating up on the way to the October mid-term elections, and the government is facing the most difficult political juncture since 2009. The political situation has been dominated by three events. First, there was a large flood in the city of La Pl...

A better economic outlook in a more complex political environment

Octubre 2012
There are clear signs that economic activity has reached a floor, that July marked a turning point and that the economy is undergoing an anemic recovery. Most likely growth will remain well below the 3.26% rate which is the trigger for the payment of the GDP warrant next year, but nevertheless we have revised ...